#XRPETF XRP ETF (Exchange-Traded Fund) is a financial product that tracks the price of XRP, allowing investors to gain exposure to the cryptocurrency without directly owning it. Here's what's happening in the world of XRP ETFs ¹ ²:

- *Global XRP ETFs*: Currently hold around $950 million in assets under management (AUM), with potential for significant growth if the US approves similar ETFs.

- *Brazil's XRP ETF*: Hashdex launched the world's first spot XRP ETF, XRPH11, on Brazil's stock exchange (B3) on April 25, 2025. This ETF tracks the Nasdaq XRP Reference Price Index and allocates at least 95% of its assets to XRP.

- *US Approval*: There's a 74% chance of the US SEC approving a spot XRP ETF in 2025, according to Polymarket, with some predicting approval by May 22, 2025.

- *Benefits*: Increased institutional adoption, legitimacy, and awareness for XRP, as well as potential reduced price volatility due to increased liquidity.

- *Challenges*: Market volatility, regulatory uncertainties, and competition from other investment products.

Some notable XRP ETF products include ³ ⁴ ⁵:

- *21SHARES XRP ETP*: Listed on various exchanges, including XAMS (Amsterdam), XSWX (Switzerland), and OOTC (US OTC Markets).

- *XRPH11*: Hashdex's XRP ETF, listed on B3 (Brazil's stock exchange).

XRP's current price is around $2.18, with a market capitalization of $130.19 billion ⁶.